"Quick" Rise Of Liquid-Cooling At AI Data Centers Signals A "Chilling Opportunity"

As we've previously outlined in our "Chilling Opportunity" theme, AI server racks in data centers are becoming significantly more powerful—and more energy-intensive. This is driving a major shift from traditional air cooling to liquid cooling across data centers. 

Goldman analysts led by Allen Chang told clients, "We expect the adoption of liquid cooling to accelerate as computing power of AI servers increases (e.g. GB200 AI server rack TDP at ~120kw, vs. HGX at 60-80kw)."